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Ebook The effects of mutual guarantee consortia on the quality of bank lending
Submitted by wulan on Wed, 01/06/2010 - 02:53Small and Medium Enterprises (SMEs) encounter often problems in financing their investment projects because, due to their opaqueness and short credit history, banks’ have a scarce ability in assessing their merit of credit. Informational asymmetries in the selection and monitoring process of SMEs traditionally hampers the overall amount of credit granted by banks to small firms and increase the amount of collateral (Petersen and Rajan, 1994, Berger and Udell, 2006).
In response to such problems, in the early 50s in North Eastern Italy emerged a peculiar financial intermediary, the Mutual Guarantee Consortium (MGC), specifically targeted to lever on the pooled financial and productive resources of a group of small firms to gain collectively better credit conditions and greater resources from the banking system.
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Ebook The Basel Process and Financial Stability
Submitted by wulan on Thu, 12/03/2009 - 02:51In the almost 75 years since it was first drafted, Article 3 of the BIS Statutes has lost none of its relevance for the process of fostering a stable global financial system.
Strengthening both monetary and financial stability is the traditional remit of central banks and other monetary agencies, but achieving these twin objectives may not be possible without the close co-operation of other regulatory and supervisory bodies.
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Ebook How to talk to women and get them interested in you
Submitted by antoq on Sun, 02/08/2009 - 08:15Hello fellow superheros. Thanks for downloading this Highly informative transformation report. This one report will change your life if you follow its instructions carefully. This information is derived from a vast amount of research, practice and summary of its findings… and men it works! I personally know from experience and observing the male race, one of man’s greatest desires is to know how to approach a woman, know what to say to her to keep a conversation going to build a connection and create attraction.
As the very smart man David Deangelo says, ‘attraction is not a choice’. I agree, its not about how much money you have, what car you drive, or how good looking you are. It’s how you approach and communicate on all levels.
If you can communicate in the right way to women you will have greater success in meeting more women, have a happier more fulfilled life through the new found power and you will be able to go out and bring your ideal women into your life.
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